S3159 — Provides gross income tax exclusion for capital gains from sale of certain employer securities by qualified businesses that result in net positive benefit to State.

S3159 — Provides gross income tax exclusion for capital gains from sale of certain employer securities by qualified businesses that result in net positive benefit to State. · Informed CitizenryThis bill proposes a gross income tax exclusion for capital gains or net income resulting from the sale of employer securities by 'qualified businesses' to an employee stock ownership plan (ESOP),…Open in Informed Citizenry